One Year MBA Programs

One year mba programs are ofter referred to as an accelerated full time program.

This type of program is very similar to the standard two year program with the notable exception of the program length.

The shorter term of the program is what imposes the major differences when compared to the two year program.

A one year MBA is usually spread over at least two full semesters and a summer lasting between 10 and 16 months.

While there are exceptions, most one year programs are are accelerated if certain prerequisites are met.

Prerequisites can often be fulfilled if the student already has an undergraduate degree (or related coursework) in business.

One year programs shares many features of standard full time programs, but there are unique features also...

• As is the case with the full time MBA, there are many costs during the one year program period. Costs like tuition and living expenses plus forgoing a year of income can really add up. However, there is less cost compared to the two year program.
• Specializations are usually not available for one year MBAs. In order to shorten the program length, there is usually a reduction in elective classes. Therefore, there are usually not enough, if any, elective classes to form a specialization.
• MBA internships are not usually available because summer is usually spent taking classes. One year students must usually look for a permanent job instead of a internship. Many other career services are in place for this type of program.

A 1 year MBA program is best if you are looking for development in your existing career or industry. Just like the standard full time program, the downside is the total cost of the program. But this cost is cheaper compared to the two year program. However, the return on investment (ROI) may be worth it.